M'bishi Heavy plans wing plant for Boeing 7E7-paper

Newswire

TOKYO, Aug 30 (Reuters) - Mitsubishi Heavy Industries Ltd. will buy a piece of land in Nagoya, west of Tokyo, from Mitsubishi Motors Corp to build a plant for making the wings for Boeing Co's . 7E7 aircraft, a business daily said on Monday. The top Japanese comprehensive heavy machinery maker will invest at least 35 billion yen ($319 million) to begin production at the plant in 2006. Mitsubishi Heavy wants to expand its aerospace business to offset a slowdown in its shipbuilding and ...

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